Latest Breaking News On - Uot the reassignment or transfer ofa revenue officer requires issuance new amended loa for substitute replacement to continue audit investigation - Page 1 : comparemela.com
MANILA-The Court of Tax Appeals (CTA) has turned down the government's appeal in connection with a PHP1.8 million tax case involving a contractor of the Philippine Amusement and Gaming Corp. (PAGCOR). This, after the tax court noted that revenue officers who handled the case were not the same ones named in the original letter of authority (LoA) to examine the company's books. In its 24-page decision promulgated June 9, the CTA denied for lack of merit the petition filed by the Commissioner of Internal Revenue and affirmed the tax court's second division's ruling on the case of Bicyclepoker Inc. The CTA set aside the formal letter of demand and final decision on disputed assessment issued by revenue officials on August 2018 assessing the company's supposed taxes due in 2014. The assessment were made under an LoA issued on May 17, 2016 by Revenue Region No. 4 Regional Director Jethro M. Sabariaga authorizing revenue officer (RO) Jonathan Miranda and Group Supervisor (